Laura Curtis

US West Coast ports are back to normal after pandemic gridlock and drawn-out labor negotiations spurred fears that market share would be lost to the East and Gulf coasts for good, Port of Long Beach CEO Mario Cordero said.

US industries that are more adaptable to remote work haven’t seen a bigger boost — or decline — in productivity growth since 2020 compared to industries with more in-person work, according to new research from the Federal Reserve Bank of San Francisco.

(Bloomberg) -- US industries that are more adaptable to remote work haven't seen a bigger boost — or decline — in productivity growth since 2020

Federal Reserve Bank of San Francisco President Mary Daly said it's “premature” to think interest-rate cuts are around the corner, noting she needs to see more evidence that inflation is on a consistent trajectory back to 2% before easing policy.

Three Federal Reserve officials on Friday emphasized that incoming data will guide their decision on when to cut interest rates, and made clear they haven't seen enough evidence yet to begin easing.

Three Federal Reserve officials on Friday emphasized that incoming data will guide their decision on when to cut interest rates, and made clear they haven’t seen enough evidence yet to begin easing.

Federal Reserve Bank of San Francisco President Mary Daly said it’s “premature” to think interest-rate cuts are around the corner, noting she needs to see more evidence that inflation is on a consistent trajectory back to 2% before easing policy.

US industries that are more adaptable to remote work haven’t seen a bigger boost — or decline — in productivity growth since 2020 compared to industries with more in-person work, according to new research from the Federal Reserve Bank of San Francisco.

Three Federal Reserve officials on Friday emphasized that incoming data will guide their decision on when to cut interest rates, and made clear they haven’t seen enough evidence yet to begin easing.

It will probably take longer than previously expected for the Federal Reserve to gain enough confidence about the inflation trajectory to start cutting interest rates, Chair